The outstanding inventory of homes for sale in the U.S. fell 3.5% from last month to 3.8M homes....

|By:, SA News Editor

The outstanding inventory of homes for sale in the U.S. fell 3.5% from last month to 3.8M homes. That's 9.6 months' supply, vs. 10.1 months' in April. (NAR release (.pdf))